Phoenix Motor Common Stock Odds of Future Stock Price Finishing Over 0.34
| PEV Stock | USD 0.33 0.01 3.13% |
Phoenix |
Phoenix Target Price Odds to finish over 0.34
The tendency of Phoenix Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 0.34 or more in 90 days |
| 0.33 | 90 days | 0.34 | about 82.57 |
Based on a normal probability distribution, the odds of Phoenix to move over $ 0.34 or more in 90 days from now is about 82.57 (This Phoenix Motor Common probability density function shows the probability of Phoenix Stock to fall within a particular range of prices over 90 days) . Probability of Phoenix Motor Common price to stay between its current price of $ 0.33 and $ 0.34 at the end of the 90-day period is about 1.56 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.49 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Phoenix will likely underperform. Additionally Phoenix Motor Common has an alpha of 0.5958, implying that it can generate a 0.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Phoenix Price Density |
| Price |
Predictive Modules for Phoenix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phoenix Motor Common. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Phoenix's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Phoenix Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Phoenix is not an exception. The market had few large corrections towards the Phoenix's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Phoenix Motor Common, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Phoenix within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | 3.49 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.03 |
Phoenix Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Phoenix for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Phoenix Motor Common can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Phoenix Motor Common is way too risky over 90 days horizon | |
| Phoenix Motor Common has some characteristics of a very speculative penny stock | |
| Phoenix Motor Common appears to be risky and price may revert if volatility continues | |
| Phoenix Motor Common has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 3.12 M. Reported Net Loss for the year was (20.64 M) with loss before taxes, overhead, and interest of (563 K). | |
| Phoenix Motor Common has about 7.76 M in cash with (3.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Phoenix Motor Common has a poor financial position based on the latest SEC disclosures | |
| Roughly 66.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 25000 shares by Hastings James Mark of Phoenix at 1.57 subject to Rule 16b-3 |
Phoenix Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Phoenix Stock often depends not only on the future outlook of the current and potential Phoenix's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Phoenix's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.2 M | |
| Cash And Short Term Investments | 31 K |
Phoenix Technical Analysis
Phoenix's future price can be derived by breaking down and analyzing its technical indicators over time. Phoenix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Phoenix Motor Common. In general, you should focus on analyzing Phoenix Stock price patterns and their correlations with different microeconomic environments and drivers.
Phoenix Predictive Forecast Models
Phoenix's time-series forecasting models is one of many Phoenix's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Phoenix's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Phoenix Motor Common
Checking the ongoing alerts about Phoenix for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Phoenix Motor Common help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Phoenix Motor Common is way too risky over 90 days horizon | |
| Phoenix Motor Common has some characteristics of a very speculative penny stock | |
| Phoenix Motor Common appears to be risky and price may revert if volatility continues | |
| Phoenix Motor Common has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 3.12 M. Reported Net Loss for the year was (20.64 M) with loss before taxes, overhead, and interest of (563 K). | |
| Phoenix Motor Common has about 7.76 M in cash with (3.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Phoenix Motor Common has a poor financial position based on the latest SEC disclosures | |
| Roughly 66.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 25000 shares by Hastings James Mark of Phoenix at 1.57 subject to Rule 16b-3 |
Additional Tools for Phoenix Stock Analysis
When running Phoenix's price analysis, check to measure Phoenix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phoenix is operating at the current time. Most of Phoenix's value examination focuses on studying past and present price action to predict the probability of Phoenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix's price. Additionally, you may evaluate how the addition of Phoenix to your portfolios can decrease your overall portfolio volatility.